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Exploring legal and political-institutional determinants of the informal economy of Pakistan

Hayat, Rizwana; Rashid, Abdul - In: Cogent economics & finance 8 (2020) 1, pp. 1-18

In this paper, the size of the informal economy of Pakistan is determined by including the legal and political …-institutional variables as determinants. By using the MIMIC model average estimate for the informal economy of Pakistan is 37.75 percent from … formation process can be more effective in developing countries like Pakistan with consideration of the most relevant …

Persistent link: https://www.econbiz.de/10012482843

Explaining and tackling the shadow economy in Estonia, Latvia and Lithuania : a tax morale approach

Williams, Colin C.; Horodnic, Ioana Alexandra - In: Baltic journal of economics 15 (2015) 2, pp. 81-98

To explain the shadow economy in the Baltic states of Estonia, Lithuania and Latvia, this paper evaluates the relationship between the shadow economy and tax morale. Viewing tax morale as a measure of the symmetry between the codified laws and regulations of formal institutions (state morality)...

Persistent link: https://www.econbiz.de/10011890851

Estimating the size of informal economy in a post-transition country : the case of Poland

Cichocki, Stanisław; Torój, Andrzej - In: Baltic journal of economics 23 (2023) 1, pp. 91-116

The size of the informal economy in Poland is estimated by means of the Currency Demand Approach (CDA). Using quarterly data for the period 1999–2019, we adopt two separate econometric approaches. First, we specify a single equation model to estimate it with the Fully-Modified OLS method....

Persistent link: https://www.econbiz.de/10014319814

Firm-level determinants of business tax evasion in emerging economies : the case of Argentina

Pedroni, Florencia Verónica; Briozzo, Anahí; Pesce, … - In: Revista de métodos cuantitativos para la economía y … 34 (2022), pp. 83-117

This paper aims to identify the determinants of revenue underreporting and their temporal evolution from a business perspective in formal firms located in an emerging country with high inflation (Argentina). We propose a conceptual model and we estimate it empirically using a logistic regression...

Persistent link: https://www.econbiz.de/10013485826

Identification of the shadow economy determinants for the Eurozone member states: application of the MIMIC model

Remeikienė, Rita; Gasparėnienė, Ligita; Chadyšas, … - In: Journal of business economics and management 19 (2018) 6, pp. 777-796

This article is aimed at identification of the shadow economy's causal factors and indicators in 19 Eurozone member states over the period from 2005 to 2016. Application of the MIMIC model has allowed to identify the following causal factors of the shadow economy in the Eurozone: employment...

Persistent link: https://www.econbiz.de/10012174961

The relationship between corruption and the shadow economy in Ukraine and other Central and Eastern European countries

Cherviakova, Valentyna; Cherviakova, Tetiana - In: Comparative economic research : Central and Eastern Europe 23 (2020) 4, pp. 7-30

The article investigates the causes, essence, and peculiarities of corruption and the shadow economy, as well as how they are related, in Ukraine in comparison with other Central and Eastern European countries. A correlation-regression analysis of statisti- cal data revealed a direct correlation...

Persistent link: https://www.econbiz.de/10012419309

Estimating shadow economy size in Greece 2000 - 2018 : a flexible MIMIC approach

Koufopoulou, Paraskevi; Williams, Colin C.; Vozikis, … - In: Spoudai : journal of economics and business 71 (2021) 3/4, pp. 23-47

Greek economy suffers from economic crisis for over a decade. A continuing problem has been the persistence of a large shadow economy which results in a gap between the tax and social security contribution owed and collected. In this paper, the size of shadow economy (SE) in Greece is estimated...

Persistent link: https://www.econbiz.de/10013169349

Demystifying rising income inequality influence on shadow economy : empirical evidence from Nigeria

Haruna, Emmanuel Umoru; Alhassan, Usman - In: Review of Economic Analysis : REA 14 (2022) 2, pp. 293-318

We investigate whether rising income disparity contributes to the proliferation of shadow economic activities in Nigeria. The study uses data from 1991 to 2018 and adopts the Auto-regressive Distributed Lags (ARDL) cointegration approach to study the effects of income inequality on the shadow...

Persistent link: https://www.econbiz.de/10013393330

Shadow economy: estimation methods, problems, results and open questions

Schneider, Friedrich; Bühn, Andreas - In: Open economics 1 (2018) 1, pp. 1-29

This paper presents various methods used for estimating the size of the shadow economy. Each method is evaluated and its strengths and weaknesses are discussed, as well as results each method yields. The purpose of the paper is threefold: Firstly, to demonstrate that there is no single...

Persistent link: https://www.econbiz.de/10011989144

The hidden economy in Jordan : a MIMIC approach

Alfoul, Mohammed Abu; Mishal, Zakia Ahmad; Schneider, … - In: Cogent economics & finance 10 (2022) 1, pp. 1-28

This paper uses the Multiple Indicators Multiple Causes (MIMIC) approach to determine the annual size and growth of the hidden economy in Jordan for the period 1980-2018. We find that the key causal variables of the hidden economy in Jordan are: female labor force participation, the inflation...

Persistent link: https://www.econbiz.de/10013461672

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